Active · per the CBE, 29 October 2026

So-dec

BE0836190676

Rechtspersoon Private limited company 1 establishment

So-dec is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 11 May 2011, 1 establishment.

Sasstraat 5, 8870 Izegem

Behind the company: LIESELOT DECEUNINCK, CAGICO BV.

Active for

15 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    10 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

So-dec from Izegem, company number BE0836190676, closed financial year 2025 with a result of € 27,275 after tax. For that financial year So-dec recorded a gross margin of € 354,050 and equity of € 733,445. Compared with financial year 2024, the result moved from € 63,012 to € 27,275. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.

What it is worth Growing

€ 733,445

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 27,275

▼ 57% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 23,467

▲ 293% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 258,445.

People and assets in 2025

Full-time equivalents

1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 62,295

▲ 4% vs 2024

€ 62,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 81,157

▼ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 975,408

▼ 13% vs 2024

€ 183,978 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 142,459

▲ € 111,986 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 6,991

▼ 6% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 315,411 € 355,751 € 390,909 € 354,050 ▼ 9%
Profit after taxes € 38,365 € 54,363 € 63,012 € 27,275 ▼ 57%
Equity € 588,794 € 643,157 € 706,169 € 733,445 ▲ 4%
Total debts € 1,661,195 € 1,511,025 € 1,477,259 € 1,567,563 ▲ 6%
Cash € 20,957 € 7,134 € 5,976 € 23,467 ▲ 293%
Land & buildings € 2,033,737 € 1,959,720 € 1,994,453 € 1,914,613 ▼ 4%
Retained profit € 113,794 € 168,157 € 231,169 € 258,445 ▲ 12%
Bank debt € 1,413,141 € 1,200,861 € 1,115,667 € 975,408 ▼ 13%
Balance sheet total € 2,249,989 € 2,154,182 € 2,183,429 € 2,301,007 ▲ 5%
Employees (FTE) 0.8 1 1 1

Key figures of So-dec, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to So-dec?

What happened at So-dec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 27,275 (▼ 57% vs 2024). Source: NBB ↗
  • New establishment in Izegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 38,365 profit in 2022 to € 27,275 profit in 2025.

Paid € 68,128 in corporate taxes since 2022.

Best year ever: 2024, with € 63,012 profit.

On average € 354,100 of value added per employee in 2025.

Management

CAGICO BV 99.8%
LIESELOT DECEUNINCK 0.1%
BART SOBRY 0.1%
So-dec

Behind So-dec are LIESELOT DECEUNINCK and CAGICO BV. The shares are held by CAGICO BV (99.8%), LIESELOT DECEUNINCK (0.1%) and BART SOBRY (0.1%).

Directors

According to the 2025 annual accounts

LIESELOT DECEUNINCK

Director

Owns 0.1% directly

Also active at: COCOLO, Cagico, Potrell

CAGICO BV

Director · represented by Bart Sobry

Also active at: Wünder, Natuursteen Familie, KASTER KEUKENS, DAGMAAT, PADRON, KASTER CONSTRUCT, Potrell, Pyloon +1 more

Shareholders

CAGICO BV

99.8%

LIESELOT DECEUNINCK · director

0.1%

BART SOBRY

0.1%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Sasstraat 5

8870 Izegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0836.190.676
VAT number
BE 0836.190.676
Registered office
Sasstraat 5, 8870 Izegem
Names & denominations
So-dec
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
11 May 2011
Peppol
Active · Active since 13 Oct 2026
Activities · NACE

Handel in eigen onroerend goed

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Frequently asked questions

What does So-dec do?
So-dec is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 11 May 2011, 1 establishment.
What is the address of So-dec?
The registered office of So-dec is located at Sasstraat 5, 8870 Izegem.
Is So-dec still active?
Yes. According to the CBE (29 October 2026) So-dec is active, legal situation “Normale toestand”, started on 11 May 2011.
Is So-dec registered on Peppol?
Yes, So-dec is registered on the Peppol network with ID 0208:0836190676.
What is the enterprise number of So-dec?
The enterprise number of So-dec is BE0836190676.
When was So-dec founded?
So-dec was founded on 11 May 2011.